Laxmi Bank (XNEP:LBL) Price-to-Tangible-Book : 1.00 (As of Jun. 25, 2024)

Laxmi Bank Price-to-Tangible-Book Chart

Laxmi Bank Annual Data
	Trend	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21
Price-to-Tangible-Book		Get a 7-Day Free Trial					2.53	1.81	1.54	1.53	2.45

Laxmi Bank Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Oct22	Jan23	Apr23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.55	1.34	2.29	-	1.00

Competitive Comparison of Laxmi Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Laxmi Bank's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Laxmi Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Laxmi Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Laxmi Bank's Price-to-Tangible-Book falls into.

Laxmi Bank Price-to-Tangible-Book Calculation

Laxmi Bank's price-to-tangible-book ratio for today is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Laxmi Bank Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Laxmi Bank's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Laxmi Bank (XNEP:LBL) Business Description